Dictionary of the betting industry

a

Accumulator

This is a multiple bet where your earnings are based on choosing the outcome of several events. This bet may be fourfold, fivefold, sixfold or higher, based on the number of selections they contain.

Advantage

The bookmaker’s margin. Also called juice, the edge or vigorish. Margin = 100% - Payout.

Arbitrage or Sure Betting

Occurs when the variation in odds gives a bettor the chance to take a position on both sides of a match and guarantee a win.
Sure betting consists of making a combination of bets on one bet type. Evaluating the odds from different bookmakers, you bet on each outcome for a match with a different bookmaker. For example, you bet 1000 units on a combination for Team A in a 1 x 2 bet. The payout in a sure bet is greater than 100%.

1899033

Basketball match will be played between Turow
Zgorzelec and Stelmet Zielona Gora.

In the league Turow Zgorzelec stands at 1st
position and Stelmet Zielona Gora stands at 2nd position.

In their last 5 games both the teams have won 3 matches
each.

In thisseason both the teams have
played 11 matches and won 8 of them.

1801004

Football
match will be played between Gauthiod and Grebbestads on 7th of June 2015 at 00:30.

Gauthiod
is at 2nd position and Grebbestads at 3rd position on
the points table.

In thisseason Gauthiod have played 10
matches and won 7 whereas Grebbestads has also played 10 matches and won
6.

In their last
5 matches both the teams have won 4 matches each.

Both the teams have an
average goal per match of 1.50.

Both the teams are equally
competitive so the match will be worth seeing.

1888070

Football
match between Paraná and Luverdense of the Brazilian Football leaguewill be played on 9th June 2015
at 22:30.

Paraná
is at 19th position and Luverdense at 10th position
on the points table.

Paraná
has won 1 match out of 6 whereas Luverdense has won 2 matches out
of 6.

In their last 5 matches Paraná has not won
even a single match whereas Luverdense has won 1 match.

Let us watch if Paraná
would defeat Luverdense.

1653021

Football match will be played between Nykøbing FC
and Herlev.

In the league Nykøbing FC stands at 5th
position and Herlev stands at 15th position.

In their last 5 games Nykøbing have won all
the matcheswhereas Herlev has lost all.

In thisseason Nykøbing FC have played
2 matches and won both whereas Herlev has played 3 matches and won 2.

Nykøbing
FC has more chances of winning as Herlev have
not performed well in their last few matches.

1826088

Newcastle
Knights will
clash with Cronulla Sharks in
their upcoming Rugby League match which will be played on 21st of
June 2015.

Highest win of Newcastle Knights is 54-6and
38-10 that of Cronulla Sharks.

Newcastle
Knights is at the 15th position whereas Cronulla
Sharks is at the 13th position on the points table.

Both the
teams are equally competitive so it would be an interesting match.

1804118

Football match will be played between Hønefoss and
Kristiansund.

In the league Hønefoss stands at 14th
position and Kristiansund stands at 5th position.

In their last 5 games both the teams have won 3
matches.

In thisseason both the teams have played 12
matches each in which Hønefoss has won 3 and Kristiansund has
won 5 matches.

1815683

Football match will be played between Ljungskile
SK and GAIS.

Highest win this season of Ljungskile is 5-0and 5-2 that of GAIS.

Ljungskile
is at the 8th position whereas GAIS is at the 10th
position on the points table.

In their last
5 games Ljungskile has won a single match whereas GAIS has won 3
matches.

1846683

Football match will be played between SalPa and
Masku.

In the league SalPa stands at 4th
position and Masku stands at 9th position.

In their last 5 games SalPa have won 3
matches whereas Masku have won 2 matches.

In thisseason both the teams have played 10
matches each in which SalPa has won 4 and Masku has won 9
matches.

1804122

Fredrikstad and
Jerv will clash in their upcoming Football match.

On
the points table Fredrikstad is at 15th position and Jerv is
at 5th position.

Fredrikstad have
played 13 matches and has won 2 whereas Jerv have played 14 matches and
won 4 matches.

Highest
win of Fredrikstad is 5-0 and 4-2 that of Jerv.

1821772

Football match will be played between Assi
IF and Infjärdens SK.

In the league Assi IF stands at 11th
position whereas Infjärdens SK stands at 9th position.

In their last 5 games Assi IF has won a
single matchwhereas Infjärdens SK haswon 2 matches.

In the tournament Assi IF has played 10
matches and won a single match whereas Infjärdens SK has played 10
matches and won 3 matches.

1814409

Consadole Sapporo and
Oita Trinita will clash in their upcoming Football match.

In the league Consadole Sapporo stands
at 5th position whereas Oita Trinita stands at 22nd
position.

Highest win of Consadole Sapporo is 4-0
and 6-2 that of Oita Trinita.

In thisseason both the teams have played 19
matches in which Consadole Sapporo has won 8 matches and Oita
Trinita has won 2.

1921715

Qualifying
Football match will be played between B36 Tórshavn and The New
Saints of UEFA league on 1st
of July 2015 at 18:00.

B36
Tórshavn is at 1st position whereas The
New Saints at 2nd position on the points table.

This will be their first game in this tournament.

In their last 5 matches B36 Tórshavn has
won a single match whereas The New Saints has won 3 matches.

1815202

Wakefield
Wildcats will clash with Hull FC in their
upcoming Rugby League match which will be played on 1st of July
2015.

Both the teams have played 18 matches in which Wakefield
Wildcats has won 2 matches and Hull FC has won 8.

Wakefield
Wildcats is at the 12th position whereas Hull
FC is at the 8th position on the points table.

Highest win of Wakefield Wildcats is
56-10 and 72-10 that of Hull FC.

1908498

BSC Young Boys and
Lausanne-Sport will clash in their upcoming Football match.

On
the points table BSC Young Boys is at 165th position and
Lausanne-Sport is at 208th position.

BSC Young Boys have
played 6 matches and has won 2 whereas Lausanne-Sport has played 2
matches and won all.

Highest
win of BSC Young Boys is 4-3 and 1-2 that of Lausanne-Sport.

1887684

Football match will be played between Vasco da
Gama and Avaí.

In the league Vasco da Gama stands at 19th
position whereas Avaí stands at 12th position.

In the tournament both the teams have played 9 matches
in which Vasco da Gama has won a single match and lost 5 whereas Avaí
has won 3 matches and lost 3.

In their last 5 games both the teams have won a
single match.

1926634

Chicago Fire and
Charlotte Independence will clash in their upcoming Football match.

In the league Chicago Fire stands at 44th
position Charlotte Independence stands at 1st position.

Highest win of Chicago Fire is 5-1 and
4-1 that of Charlotte Independence.

Highest loss of Chicago Fire is 6-0 and
0-2 that of Charlotte Independence.

In thistournament Chicago Fire has
played a single match and lost it and Charlotte Independence has played
3 matches and won all.

1921795

VPS and
AIK will clash in their upcoming Football match.

On
the points table VPS is at 81th position and AIK is at 17th
position.

This
will be their first game in this tournament.

Highest
win of VPS is 2-1 and 1-2 that of AIK.

1812137

Football match will be played between Haukar and
Trottur R.

In the league Haukar stands at 6th
position whereas Trottur R stands at 1st position.

In the tournament both the teams have played 8 matches
in which Haukar has won 4 matches and lost 4 whereas Trottur R has won 7 matches
and lost 1.

In their last 5 games both the teams have won 3
matches.

1818466

IFK
Osby and Räppe GOIF will clash in their upcoming
Football match.

In the league IFK Osby stands at 11th
position Räppe GOIF stands at 9th position.

Highest win of IFK Osby is 0-5 and 6-0
that of Räppe GOIF.

Highest loss of IFK Osby is 1-5 and 6-2
that of Räppe GOIF.

In thistournament IFK Osby has played
12 matches and won 3 whereas Räppe GOIF has played 12 matches and won 4.

1887692

Football
match of the Brazilian Football league will
be played between Fluminense and Santos on 3rd of July 2015 at 00:00.

Fluminense is
at 4th position and Peru at 14th position on the
points table.

Both the teams have played 9 matches in which Fluminense has
won 5 matchesand Santos has won 2 matches.

In their last 5 matches Fluminense have
won 3 matches whereas Santos has won a single match.

1928616

Quimsa will
clash with GECR Indalo in their upcoming Basketball match which will be
played on 3rd of July 2015.

Highest win of Quimsa is 89-99 and 98-92
that of GECR Indalo.

Highest loss of Quimsa is 76-62 and 73-79
that of GECR Indalo.

Quimsa is
at the 1st position whereas GECR Indalo is at the 2nd
position on the points table.

Both the
teams are equally competitive so it would be an interesting match to watch.

1815255

Leeds Rhinos and
St. Helens will clash in their upcoming Rugby match.

On
the points table Leeds Rhinos is at 1st position and St.
Helens is at 2nd position.

Both
the teamshave played 19 matches and have won 13 matches each.

Highest
win of Leeds Rhinos is 4-1 and 5-0 that of St. Helens.

1799224

Football match will be played between Modbury
Jets and Adelaide Raiders.

In the league Modbury Jets stands at 11th
position whereas Adelaide Raiders stands at 10th position.

In their last 5 games both the teams have won 2
matches each.

In this tournament both the teams have played 19
matches in which Modbury Jets has won 5 and Adelaide Raiders has
won 6 matches.

1844803

Drogheda
United and Dundalk will clash in their upcoming
Football match.

In the league Drogheda United stands at 5th
position and Dundalk stands at 1st position.

In their last 5 games both the teams has won 4
matches.

In thisseason Drogheda United has
played 18 matches and has won 6 and lost 9 whereas Dundalk has won 14
and lost 1 match.

1844258

Football
match of the Major Football league will
be played between Houston Dynamo and Chicago Fire on 4th of July 2015 at 01:00
hours.

Houston
Dynamo is at 15th position and Chicago Fire at
20th position on the points table.

Both the teams have played 9 matches in which Houston
Dynamo has won 5 matchesand Chicago Fire has won 2
matches.

In
this league Houston Dynamo has played 17 matches and has won 5 matches whereas Chicago
Fire has played 15 matches and won 4 matches.

1826102

Illawarra
Dragons will clash with North Queensland Cowboys in
their upcoming Rugby League match which will be played on 3rd of
July 2015.

Highest win of Illawarra Dragons is 44-24 and
64-6 that of North Queensland Cowboys.

Highest loss of Illawarra Dragons is 40-10 and
44-22 that of North Queensland Cowboys.

Illawarra
Dragons is at the 5th position whereas North
Queensland Cowboys is at the 2nd position on the points table.

Both the
teams are equally competitive so it would be an interesting match to watch.

1794215

Gold Coast and
North Melbourne will clash in their upcoming Australian Rules.

On
the points table Gold Coast is at 8th position and North
Melbourne is at 18th position.

Both
the teamshave played 12 matches in which Gold Coast has won
6 matches and North Melbourne has won a single match.

Highest
win of Gold Coast is 97-151 and 104-148 that of North Melbourne.

1932784

Football match will be played between USA and
Guatemala.

In the league USA stands at 2nd
position whereas Guatemala stands at 113th position.

In their last 5 games USA have won 4 matches
and Guatemala has won a single match.

In this tournament USA have played 7 and has
won 4 whereas Guatemala has played 4 matches and has not won even a
single match.

USA has
a better chance of winning the match as compared to Guatemala.

1794216

Western Bulldogs and
Carlton will clash in their upcoming Australian Rules match.

In the league Western Bulldogs stands at
9th position and Carlton stands at 14th position.

In their last 5 games both the teams has won 2
matches each.

In thisseason Western Bulldogs has
played 12 matches and has won 7 and lost 5 whereas Carlton has played 12
matches and has won 3 and lost 9.

1844265

Football
match of the Major Football league will
be played between Portland Timbers and SJ Earthquakes on 6th of July 2015 at 03:00 hours.

Portland
Timbers is at 5th position and SJ
Earthquakes at 8th position on the points table.

Portland
Timbers have played 18 matches and won8 matcheswhereas SJ Earthquakes has played 16 matches and won 7 matches.

In their last five games both the teams have won 2
matches each.

1928915

Tennis Doubles match will be played between B.Bryan/M.Bryan and
M.Pavic/M. Venus which will be played on 6th of July 2015.

Highest win of B.Bryan/M.Bryan is 3-0
and 1-3 that of M.Pavic/M.Venus.

B.Bryan/M.Bryan is
at 3rd position whereas M.Pavic/M.Venus is at the 12th position
on the points table.

In their last five games both the players have won 4
matches each.

1826104

Wests Tigers and
Parramatta Eels will clash in their upcoming Rugby League match.

On
the points table Wests Tigers is at 14th position and Parramatta
Eels is at 12th position.

Highest
win of Wests Tigers is 46-18 and 42-12 that of Parramatta Eels.

Both
the teamshave played 15 matches in which Wests Tigers has won
5 matches and Parramatta Eels has won 6 matches.

1827452

Football match will be played between HJK and
HIFK.

In the league HJK stands at 1st
position whereas HIFK stands at 7th position.

In their last 5 games HJK have won 2
matches and HIFK has won a single match.

In this tournament HJK have played 18
and has won 10 whereas HIFK has played 15 matches and has won 4 matches.

1887709

Football
match of the Major Football league will
be played between Vasco da Gama and São Paulo on 9th of July 2015 at 01:00
hours.

Vasco
da Gama is at 18th position and São Paulo at
8th position on the points table.

Both the teamshave played 11 matches in
which Vasco da Gama has won 2 and São Paulo has won 5
matches.

In their last five games Vasco da Gama has
won 2 matches whereas São Paulo has won a single match.

1887713

Football match will be played between Internacional and
Flamengo which will be played on 9th of July 2015.

Highest win of Internacional is 5-3 and 4-0
that of Flamengo.

Highest loss of Internacional is 5-0 and
4-0 that of Flamengo.

Internacional is
at 14th position whereas Flamengo is at the 17th position
on the points table.

In their last five games both the teams have won a
single match.

1791614

KIF Örebro DFF and
Kopparbergs Göteborg FC will clash in their upcoming Football match.

On
the points table KIF Örebro DFF is at 9th position and Kopparbergs
Göteborg FC is at 4th position.

Highest
win of KIF Örebro DFF is 6-1 and 8-0 that of Kopparbergs
Göteborg FC.

Both
the teamshave played 7 matches in which KIF Örebro DFF has won a
single match and Kopparbergs Göteborg FC has won 4 matches.

1921846

Football match will be played between FC Ulysses and
Birkirkara.

In the league FC Ulysses stands at 48th
position whereas Birkirkara stands at 56th position.

In their last 5 games FC Ulysses has won 2
matches and Birkirkara has won a single match.

In this tournament both the teams have played a
single match and lost it.

1910793

Ukraine
and France will clash in their upcoming Under-19 Football match.

In the league Ukraine stands at 4th
position and France stands at 2nd position.

In their last 5 games Ukraine has won 2
matches whereas France has won 4 matches.

In this season both the teams have played a single
match in which Ukraine has lost it and France has won the match.

b

Back

A bet bought on a betting exchange.

Bet

A bet is a prediction about the expected outcome of a sporting event.
• Simple bet: the most frequent type of bet.
• Combined bet or multiple bet: a single bet on several sporting events at the same time. A combined or multiple bet on two selections is known as a double, while a combined bet on three selections is a treble. A combined bet on four or more selections is also possible.
• System bet: similar to a multiple bet but if all events on which the bettor has taken a position are not winners then the bettor can still possibly win. The minimum number of winning positions depends on the structure of the bet. This type of bet consists of a simple bet and/or a combination bet on several events simultaneously. Each bet in the system bet is known as a line.

Betting Exchange

An online site that enables anonymous person-to-person betting. It is a way for individuals to exchange bets. For example, you can bet Team A will win the match at 2.0 odds and another person can bet that Team B will win the match at 2.0 odds. Betting exchanges make money by charging a commission to the winner rather than relying on margins as do bookmakers.

Bid

The bid is the amount of money bet.

Bonus

An amount of money offered by an online betting site. For new bettors, bonuses can be used to learn about sports betting without taking too much of a risk. For experienced bettors, bonuses are a way to increase earnings.

Bookmaker

A website allowing you to bet on sporting events. If you win, the online betting site pays. In addition, the bookmaker sets the odds.

Bookmaker’s Margin

The deviation of the bookmaker’s odds from the true odds. Also known as edge, commission, juice or vigorish. There is a variation in margins between bookmakers. Margin = 100% - Payout.

c

Capital

The money available to a bettor in the account at the online betting site.

Combination

A combination of single bets into one bet. See Combination Bet.

Combination Bet or Multiple Bet

A single bet on several sporting events at the same time. A combined or multiple bet on two selections is known as a double, while a combined bet on three selections is a treble. A combined bet on four or more selections is also possible. Note that the bets in a multiple are linked so that the earnings from the first selection are bet on the second selection and so on. If one selection loses than the whole bet is lost.

Correct Score

This is a bet on the final score in a match.

d

Double

A bet on two selections. All earnings from the first selection are bet on the second selection. Both selections must win to receive earnings.

Draw No Bet

A bet where a tie results in your bet being returned. For example, if Team A plays Team B and you feel a tie is likely, you may bet on Team A for a Draw No Bet. If Team A wins, you win the bet and if there is a tie your bet is returned to you. If Team B wins then you lose the bet.

Dropping Odds

If large sums of money have been placed on a favorite player or team then the odds for that favorite will begin dropping. You can take advantage of dropping odds by using these trends to help you identify good bets. On Hot-Odds.com, the odds marked in orange have dropped with at least 30% of the bookmakers. Odds marked in red have dropped with at least 50% of bookmakers.

Double Result

A bet giving two predictions for the same event. The double bet predicts the results at half-time and full-time.

e

Earnings

The money received on a winning bet.

Even/Odd

This is a bet on the number of goals or points in a game, a half or a series of games. The options are as follows:
• Even: the total number of points or goals in the game will be an even number.
• Odd: the total number of points or goals in the game will be an odd number.
Note that the bet is on regulation time and injuries. Extra time and penalty shootouts are not included. A result of 0-0 is even.

f

Favorites

The individual or team that is favored to win.

Financial Management

A betting strategy whereby the bettor defines tolerance for loss.

First Goal

A bet on the team to score the first goal in a match.

Free Bet

An offer of a bet of a given amount of money, usually for signing up with a bookmaker and placing your first bet. For example, you sign up and place a bet of 10 units with a bookmaker and receive a free bet of 10 units.

Full Cover Bet

Betting multiple bets over a number of selections. Popular versions include the Trixie, Yankee, Super Yankee, Heinz, Super Heinz and Goliath.

h

Half-Time

Handicap

Asian Handicap: same as a Classic Handicap except you cannot bet on a draw.

Classic Handicap: a bet on a sporting event where the bookmaker gives points to the weaker team and takes points from the stronger team.

Heinz

A full cover bet on 6 selections. This bet consists of 57 different bets or 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. At least two selections must win to earn a return.

Home Team

The team playing at home. Their odds are displayed first, followed by the visiting team’s odds.

l

Last Goal

This bet is on the team which will score first in a game.

Lay

Selling a bet on a betting exchange.

Live betting

Works like a simple bet, except that the bet occurs during the match. This causes a change in the odds during the match.

Lucky 15

This type of bet consists of 15 bets on four selections in different sporting events. The bet has 4 singles, 6 doubles, 4 trebles and one fourfold accumulator. If a selection wins, the earnings are reinvested. If all of the selections win, a bonus is usually added to the total earnings. All bets need to win for you to be eligible for bonuses. You must have at least one winning selection to earn a return.

Lucky 31

This type of bet consists of 31 bets on five selections in different sporting events. These bets include 5 singles, 10 doubles, 10 trebles, five fourfolds and a fivefold accumulator. If a selection wins, the earnings are reinvested. If all selections win you receive a bonus. You must have at least one winning selection to earn a return.

m

Make/Do not mark point or no point

This bet predicts that one of the two teams in a sporting event will not score. A tie is not one of the outcomes.

Margin

A bet on the difference between goals scored between two teams during a match. The bet is on who will win and the difference between the score. As a result, this bet is on two events.

Multiple

A combination bet such as a double, treble or accumulator. A bet that is actually several simultaneous bets. If all predictions are correct then the bet is won. Conversely, if one of your bets loses, your combination loses as well. If the bettor wins, all earnings from the first selection are automatically bet on the second selection, etc. until and if all bets win.

o

Odd/Even

A bet that the sum total of the goals in a game will be odd or even.

Odds

Corresponds to the earnings in a winning bet. Lower odds mean a higher probability that the event will occur. The favorite, or the side most likely to win, usually has the lowest odds.

Odds Theory

The odds that represent the actual probability an event will occur. This is the case when a bookmaker does not take a margin.

Outsider

This is the player or team with the least chance of winning the match.

Over

A bet on the total goals scored in a sporting event. To win an Over bet is to predict that the sum of the goals scored from both sides is over a specific number of goals. Example: An Over bet of 1.5. If one goal is scored then you lose. If more than two goals are scored then you win.

p

Patent

This bet consists of 7 bets on 3 selections in different sporting events. The bet includes 3 singles along with 3 doubles and 1 treble. A winning selection guarantees earnings. Earnings are determined by the sum of the product from different odds and then multiplied by your bet.

Plus/Minus (also known as Over/Under)

A bet predicting the total number of goals scored in a sporting event. A Plus bet predicts over a certain number of goals while a Minus predicts an outcome below a set number of goals.

Probability

The percentage chance of winning the bet.

Punter

UK term for the person placing a bet on a player or match.

r

Rising Method

This is a betting strategy where each time you lose a bet, you double the amount bet on the next bet. You continue until you have a winning bet.

s

Simple

The simple bet or the most common form of betting. The bet is on the result of a single event (win, tie, lose).

Single Bet

A bet on one selection only.

Specials

Known also as Match Specials. This type of bet predicts specific events in a match such as total goals scored, etc.

Sports Betting Site

An online bookmaker offering the chance to bet on various sporting events. The bookmaker determines the odds, pays the customer and earns money on margins and on losing bets made by customers.

Sportsbook

The range of sports offered by the bookmaker.

Spread Betting

This is betting on the total number of actions in a match. For example, you could bet on the total number of points scored.

Super Heinz

A bet on 7 selections. The Super Heinz consists of 120 bets, including 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and a sevenfold accumulator. At least two selections must win to earn a return.

Super Yankee

A bet on 5 selections. The Super Yankee consists of 26 bets, including 10 doubles, 10 trebles, 5 fourfolds, and a five-fold accumulator. At least two selections must win to earn a return.

Sure Betting or Arbitrage

A method to ensure a bet has zero risk. Sure betting consists of making a combination of bets on one bet type. Evaluating the odds from different bookmakers, you bet on each outcome for a match with a different bookmaker. For example, you bet 1000 units on a combination for Team A in a 1 x 2 bet. The payout in a sure bet is greater than 100%.

System Bet

Similar to a multiple bet but if all events on which the bettor has taken a position are not winners then the bettor can still possibly win. The minimum number of winning positions depends on the structure of the bet. This type of bet consists of a simple bet and/or a combination bet on several events simultaneously. Each bet in the system bet is known as a line.

t

Treble or Triple Bet

A bet on 3 selections, each for a separate event. All three must win to receive earnings. The returns from the first selection are rolled over to the second selection and returns from the second selection are rolled into the third selection. One losing selection means the whole bet is lost.

Trixie

A bet on 3 selections. The Trixie consists of 4 bets, including 3 doubles and a treble. At least two of the three selections must win to generate earnings.

v

Value Bet

This betting method is based on perceived errors in judgment by the bookmaker. Here, the bettor uses his or her own calculations of probability. The bettor has the advantage when an error in judgment was found on the part of the bookmaker.

Virtual Account

The bettor’s account on an online bookmaker site.

Visiting Team

The team playing away from home. The first odds ratio is for the home team and the second is for the visiting team.

w

When First Goal

This bet predicts when the first goal will be scored.

Winner

This bet predicts the winner of a sporting event.

x

X

An abbreviation meaning no score or a null game.

y

Yankee

A bet on four selections. The Yankee consists of 11 bets, including 6 doubles, 4 trebles and a fourfold accumulator. At least two of the selections must win to generate earnings.